Alleghany
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Inside P&C’s morning summary of the key stories to get you up to speed fast. -
Alleghany said its representatives and financial advisers solicited alternative deals from 31 potentially interested third parties but did not receive any proposals.
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The agreement included a two business days’ notice period from March 21 and is followed by a no-shop 10-day period.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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A proxy statement yesterday also revealed that Berkshire Hathaway’s merger agreement does not demand a break fee.
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Inside P&C’s news team runs you through the key developments from the week.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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Inside P&C Research’s SOTP valuation range tops out 17% above the price, but the stock was range-bound and there were no other bidders.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The review centres on strategy, capital adequacy, and support from Berkshire, following the news of Berkshire’s planned purchase of Alleghany
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The deal serves as a reminder that the conglomerate, with its ~$140bn cash pile, could be a major consolidator in P&C.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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